Summary of spot LLDPE market of sinoplastics on Au

  • Detail

As of 10:00 a.m. on August 26, 2009, China Plastics price index fell 2.42 points to 1002.93 points, and China Plastics spot index fell 0.69 points to 1046.16 points

I. upstream developments:

the settlement price of October crude oil futures contract on the New York Mercantile Exchange fell by $2.32, or 3.1%, to $72.05. After the end of the floor trading, the price of crude oil futures contract in October in the electronic board trading in the Asian trading session fell to US $71.35 per barrel, as the American Petroleum Institute, an American industry group, announced a sharp increase in US crude oil inventories

II. Manufacturer dynamics:

PetroChina South China LLDPE has general inventory and is now priced for sale. Jilin/Daqing 7042 reported 10800 yuan/ton, Lanzhou Petrochemical 7042 reported 10800 yuan/ton

the ex factory price of 70507050 produced by Zhongyuan ethylene LLDPE plant is 11000 yuan/ton. The inventory level is slightly high

the LLDPE of Sinopec Sales central China branch carries out pricing sales, with 7050/7042 at 10700 yuan/ton and average inventory

Tianjin United LLDPE continues to be listed for sale. At present, the inventory in the factory is not high. The unit produces 9085. It is reported that the output of 9085 will reach 11000 yuan/ton by the end of this month

the inventory of Guangzhou Petrochemical LLDPE is general, and it is currently listed for sale. The factory price of 20017042/2001 for double line production of the unit is 11000/11050 yuan/ton

Jilin Petrochemical LLDPE is currently listed for sale. The unit output is reported as 11000 yuan/ton for 70427047 and 10700 yuan/ton for 7047

III. warehouse receipt dynamics:

the main variety of China Plastics warehouse receipt LLDPE ll0910 was opened at 10650 yuan/ton, down 159 yuan/ton compared with the previous trading day. The latest trading volume was 135 tons, up 55 tons from the previous trading day; The order volume was 600 tons, up 25 tons from the previous trading day. The latest price of ll0910 was 10770 yuan/ton, down 39 yuan/ton compared with the previous trading day

IV. market situation:

the listing price of China Plastics spot mall LLDPE remained basically stable this morning, and only four brands made downward adjustment, with a decrease of yuan/ton. Lldpe/dfda-7042/Daqing Petrochemical reported 10880 yuan/ton, down 20 yuan/ton. Lldpe/dfdc-7050/Zhongyuan ethylene reported 10920 yuan/ton, down 80 yuan/ton. Lldpe/ll0220kl/Shanghai Secco reported 11000 yuan/ton, down 50 yuan/ton. After we became a behemoth,

the supply of goods in the Central Plains LLDPE market was general. The initial clamping force of 7050 tax included declaration was 10750 yuan/ton, so there was no transaction for the time being. The surface quality of 9088 cold plate was good and there was no quotation. It is reported that some merchants predicted that it was lower than 10600 yuan/ton

the PE market quotation of Qilu Chemical City is mainly stable, waiting for the introduction of petrochemical settlement price, and the market atmosphere is temporarily weak. 7042 no tax at 10200 yuan/ton

the PE market in Linyi has a normal supply of goods, general enquiries, stable prices and general transactions. The buyer is worried that it is difficult to replenish the supply of goods in the market at the end of the month, so he takes the goods appropriately. 7042 at 10350

the current price of Shunde PE market is generally stable and the overall trading atmosphere is clear. Affected by the sharp drop in crude oil, the mentality of businessmen is poor. Guangzhou Petrochemical 7042 reported 10250 yuan/ton

the overall quotation of PE market in Shanghai is mainly stable, with slight decline in individual prices. Prices can be negotiated, but the demand is weak, traders have high shipping intention, and their mentality is slightly poor. Lanhua 7042 reported 11000 tons, and Saudi 218w reported 11400 yuan/ton

the local PE market in Xiongxian county is close to the end of the month. The overall price is stable, the inquiry is general, the demand is limited, which affects the transaction. For the time being, there are few transactions. Affected by crude oil, there is a strong wait-and-see atmosphere in the downstream. Lanhua 7042 is 10450 yuan/ton

in Dongguan PE market, due to the lower ex warehouse price of PetroChina South China and the low settlement of petrochemicals, the price has generally dropped today. Downstream enquiries are general, there are not many transactions, and the market atmosphere is relatively cold. Restricted by downstream demand and approaching the end of the month, merchants' enthusiasm for picking up goods has decreased. At present, the inventory is OK

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